Market Insights Health Hospitals Inpatient Care

Other Inpatient Care - Hong Kong

Hong Kong

The Other Inpatient Care market in Hong Kong is expected to witness a significant growth in revenue, with a projected value of US$5.98bn by 2024.
This represents a compound annual growth rate (CAGR) of 4.86% between 2024 and 2029.
Consequently, the market volume is estimated to reach US$7.58bn by 2029.
In the global context, United States is anticipated to generate the highest revenue in the Other Inpatient Care market, amounting to US$349.40bn in 2024.
In Hong Kong, the demand for other inpatient care services is growing rapidly due to the aging population and increasing prevalence of chronic diseases.

Key regions: United States, China, India, Japan, Canada

Market

Region

Region comparison

Currency

Methodology

Data coverage:

Data encompasses B2B, B2G, and B2C spend. Figures are based on revenue received by hospitals from public or private sources, allocated to the country where the money is spent, including VAT if applicable.

Modeling approach / Market size:

Market sizes are determined by a bottom-up approach, based on a specific rationale for each market market. Next, we use relevant key market indicators and data from country-specific associations, such as healthcare expenditure per capita, health risk factors, public health spend, and GDP. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of techniques is based on the behavior of the particular market. For example, forecasts are based on historical developments, current trends, and key market indicators, using advanced statistical methods.

Additional notes:

Data is modeled in US$ using current exchange rates. The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level.